American Water Works Company Inc (AWK) Holdings Raised by Cerity Partners LLC

Cerity Partners LLC raised its holdings in American Water Works Company Inc (NYSE:AWK) by 17.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,520 shares of the utilities provider’s stock after acquiring an additional 6,800 shares during the quarter. Cerity Partners LLC’s holdings in American Water Works were worth $4,132,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in AWK. Federated Investors Inc. PA lifted its holdings in American Water Works by 9,419.3% in the third quarter. Federated Investors Inc. PA now owns 923,280 shares of the utilities provider’s stock valued at $81,221,000 after acquiring an additional 913,581 shares during the period. Vanguard Group Inc lifted its holdings in American Water Works by 2.3% in the third quarter. Vanguard Group Inc now owns 19,220,656 shares of the utilities provider’s stock valued at $1,690,841,000 after acquiring an additional 436,131 shares during the period. BlackRock Inc. lifted its holdings in American Water Works by 3.1% in the third quarter. BlackRock Inc. now owns 14,023,195 shares of the utilities provider’s stock valued at $1,233,619,000 after acquiring an additional 417,354 shares during the period. Renaissance Technologies LLC raised its stake in shares of American Water Works by 47.0% during the 3rd quarter. Renaissance Technologies LLC now owns 715,800 shares of the utilities provider’s stock worth $62,969,000 after buying an additional 228,700 shares during the last quarter. Finally, Scout Investments Inc. raised its stake in shares of American Water Works by 43.6% during the 4th quarter. Scout Investments Inc. now owns 570,099 shares of the utilities provider’s stock worth $51,748,000 after buying an additional 173,171 shares during the last quarter. 83.79% of the stock is owned by institutional investors.

Get American Water Works alerts:

Several research analysts have recently issued reports on AWK shares. Wells Fargo & Co reaffirmed a “buy awk” rating on shares of American Water Works in a research note on Monday, December 24th. Janney Montgomery Scott lifted their price target on American Water Works from $96.00 to $102.00 and gave the stock a “buy” rating in a research note on Wednesday, December 12th. Robert W. Baird raised American Water Works from a “neutral” rating to an “outperform” rating and set a $103.00 price target for the company in a research note on Thursday, December 6th. Finally, Zacks Investment Research raised American Water Works from a “hold” rating to a “buy” rating and set a $103.00 price target for the company in a research note on Monday, November 26th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $95.22.

Shares of AWK stock opened at $97.44 on Thursday. American Water Works Company Inc has a twelve month low of $77.68 and a twelve month high of $98.24. The stock has a market capitalization of $17.63 billion, a P/E ratio of 32.16, a PEG ratio of 3.49 and a beta of 0.25. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.46 and a quick ratio of 0.43.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Thursday, February 7th will be paid a $0.455 dividend. This represents a $1.82 annualized dividend and a yield of 1.87%. The ex-dividend date is Wednesday, February 6th. American Water Works’s payout ratio is 60.07%.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Ticker Report and is the property of of Ticker Report. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at www.tickerreport.com/banking-finance/4150564/american-water-works-company-inc-awk-holdings-raised-by-cerity-partners-llc.html.

American Water Works Company Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States and Canada. It offers water and wastewater services to approximately 1,600 communities in 16 states. The company operates approximately 72 surface water treatment plants; 527 groundwater treatment plants; 8 combined treatment plants; 127 wastewater treatment plants; 50,382 miles of transmission, distribution, and collection mains and pipes; 1,103 groundwater wells; 1,428 water and wastewater pumping stations; 1,313 treated water storage facilities; and 80 dams.

See Also: How does a reverse stock split work?

Want to see what other hedge funds are holding AWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Water Works Company Inc (NYSE:AWK).

Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

Leave a Reply

Your email address will not be published. Required fields are marked *